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  • petchem 2017-12-19 20:46

    Petchem exports at over $7b in 8 months

    TEHRAN- Iran exported 14.46 million tons of petrochemical products worth $7.397 billion during the first eight months of the current Iranian calendar year (March 21-November 21), Shana reported.

  • PMO 2017-12-19 18:45

    Private sector to invest about $2.4b in ports

    TEHRAN – Iran’s private sector has signed 13 Memorandums of understanding (MOUs) to invest 100 trillion rials (about $2.39 billion) in the country’s northern and southern ports.

  • RAI 2017-12-18 20:49

    Russia’s Exiar to fund €3b rail project with Iran

    TEHRAN- Russian Agency for Export Credit and Investment Insurance, known as Exiar, signed a memorandum of understanding (MOU) with the Islamic Republic of Iran Railways, known as RAI, to provide €3 billion finance on the joint manufacturing of railway wagons and locomotives.

  • POGC 2017-12-18 20:48

    By Ebrahim Fallahi

    Total’s activities in South Pars project on track: POGC

    TEHRAN - Managing director of Pars Oil and Gas Company (POGC), which is in charge of developing Iran’s giant South Pars gas field, said Total is completely following its commitment regarding its deal with Iran and the company’s activities are on schedule.

  • Shapour Mohammadi 2017-12-18 20:47

    By Mahnaz Abdi

    Foreign investors’ presence increasing in Iranian capital market: SEO head

    TEHRAN- Presence of foreign investors has been increasing in Iran’s capital market especially after the implementation of Iran’s nuclear deal in January 2016, Head of Iran’s Securities and Exchange Organization (SEO) Shapour Mohammadi told the Tehran Times in a press conference on Monday.

  • Budget 2017-12-17 21:15

    Next year's budget seeks to spur non-oil exports

    TEHRAN- According to the planned budget for the next Iranian year (starting March 21, 2018), two trillion rials (above $47.8 million) of incentives will be allocated to back exports of non-oil and non-petchem products, IRNA reported on Sunday.

  • WIPO 2017-12-17 21:09

    By Haniyeh Sadat Jafariyeh

    WIPO encourages innovation, transparency

    SINGAPORE - The World Intellectual Property Organization (WIPO), an agency of the United Nations (UN) that encourages individuals and businesses to innovate and create through a balanced international intellectual property (IP) system, held a two-day seminar under the title of “Intellectual Property is Big News: Regional Seminar for Journalists” on December 11 and 12 in its office in Singapore.

  • oil price 2017-12-17 21:04

    Iranian light oil price at $62.03 in a week

    TEHRAN- Iran’s light crude oil price fell 71 cents in the week ended on December 8 to settle at $62.03 per barrel, Mehr news agency reported on Sunday.

  • Iran oil 2017-12-16 21:10

    Iran’s oil output up 20,000 bpd in Q3: EIA

    TEHRAN- Iran produced 3.83 million barrels per day (bpd) of oil during the third quarter of 2017, with a 20,000 bpd increase from 3.81 million bpd in its previous quarter, according to the latest statistics released by U.S. Energy Information Administration (EIA).

  • Gasoline 2017-12-16 21:09

    Iran to reach stable status in gasoline production by Mar. 2018

    TEHRAN- Iran will reach a stable status in gasoline production once the second phase of Persian Gulf Star Refinery comes on stream, Oil Minister Bijan Namdar Zanganeh told IRNA on Saturday.

  • CNPC-Total 2017-12-16 00:37

    CNPC considers taking Iran’s South Pars project if Total leaves

    TEHRAN – China National Petroleum Corporation (CNPC) is weighing taking over Total’s stake in Iran’s South Pars gas field project if the French company leaves to avoid possible U.S. sanctions, Reuters reported citing industry sources.

  • OPEC’s 2017-12-16 00:36

    Iran’s November oil output at 3.818m bpd: OPEC

    TEHRAN- According to OPEC’s latest monthly report published on December 12, oil production in Iran stood at 3.818 million barrels per day (bpd) in November, falling 2000 bpd from 3.820 million bpd in October, based on secondary sources.

  • oil imports 2017-12-16 00:33

    S. Korea’s oil imports from Iran up 36% in 11 months yr/yr

    TEHRAN- South Korea imported 17 million tons, or 372,890 barrels per day (bpd), of Iranian crude oil during the first 11 months of 2017, with 36.5 percent rise from 12.45 million tons over the same period last year, according to the customs data.

  • Iran-Oman 2017-12-13 20:24

    Iran, Oman to launch new shipping route

    TEHRAN – A new shipping route between Iran and Oman will be launched in late December.

  • Iran-China 2017-12-13 20:23

    Chinese private sector interested in Iran’s energy resources

    TEHRAN – China’s private sector is eager to meet its energy needs through Iranian energy resources, Shana quoted the head of China International Chamber of Commerce for the Private Sector as saying on Tuesday.

  • Iran-France 2017-12-13 20:21

    French company signs deal on Iran gas field study

    TEHRAN - French oil and gas consulting company Beicip-Franlab S.A. signed an agreement with Iran’s Research Institute of Petroleum Industry, also known as RIPI, for conducting studies to develop Homa gas field in southern Iran.

  • Autoneum 2017-12-13 01:21

    Swiss automotive company inks deal in Iran

    TEHRAN - Swiss Company Autoneum signed an exclusive license agreement with Iranian automotive supplier Ayegh Khodro Toos (AKT) to jointly produce and distribute components in Iran, Reuters reported citing the company.

  • Airbus 2017-12-12 19:24

    Iran eyes domestic finance for Airbus, Boeing purchases

    TEHRAN – Iran is considering the use of domestic finance for the purchase of Airbus and Boeing airplanes, Tasnim reported on Tuesday quoting an official with flag carrier Iran Air.

  • Pistachio 2017-12-11 20:26

    8-month pistachio exports exceeds $495m

    TEHRAN- Iran exported $495.827 million worth of pistachio during the first eight months of the current Iranian calendar year (March 20-November 21), Tasnim reported on Monday citing customs 8-month data.

  • Iran-Korea SMEs 2017-12-11 20:24

    SMEs set to bolster Iran-Korea technology ties

    TEHRAN – Representatives from private sectors of Iran and South Korea signed 22 memorandums of understanding (MOUs) in Tehran on Sunday to expand cooperation in technology transfer areas.

  • Kirkuk oil 2017-12-10 20:14

    Tehran, Baghdad ink oil swap deal

    TEHRAN - Iran and Iraq have signed a deal to swap up to 60,000 barrels per day of crude produced from the northern Iraqi Kirkuk oilfield for Iranian oil.

  • تقدیم لایحه بودجه ۹۷ 2017-12-10 12:05

    Employment, environment take center stage in Iran's budget bill

    Rouhani submits $284b bill to Majlis

    TEHRAN - President Hassan Rouhani presented the administration’s draft of the national budget bill for the next Iranian calendar year 1397, which starts on March 21, 2018, to the Majlis.

  • Iran-Serbia 2017-12-10 10:02

    Iran, Serbia discuss boosting energy, trade ties

    TEHRAN- Iran and Serbia discussed expansion of relations in energy and trade sectors, IRIB reported on Saturday.

  • foreign trade 2017-12-10 10:01

    Iran’s trade surplus hits $29b in 2016: UNCTAD

    TEHRAN – Iran’s trade balance registered a $29 billion surplus in 2016, Tasnim reported on Friday citing the “2017 handbook of statistics” report published by the United Nations Conference on Trade and Development (UNCTAD).

  • SMEs 2017-12-09 10:00

    By Mahnaz Abdi

    Supporting SMEs to raise production, employment 

    SMEs (small and medium-sized enterprises) are enterprises whose personnel numbers fall below certain limits. According to the European definition, SMEs are enterprises which employ fewer than 250 persons and which have an annual turnover not exceeding €50 million, and/or an annual balance sheet total not exceeding €43 million.

  • Handmade carpet exports 2017-12-08 20:33

    Handmade carpet exports at $221m

    TEHRAN- Iran exported $221 million worth of hand-woven carpets during the first seven months of the current Iranian calendar year (March 21-November 21, 2017), IRIB quoted Hamid Kargar, the head of Iran’s National Carpet Center, as saying.

  • Iran-Bulgaria 2017-12-08 20:32

    Bulgarian firm aims to build solar farm in Iran

    TEHRAN – Bulgarian Energy Company, Solar & Benefit, has signed a memorandum of understanding (MOU) for the construction of a solar farm in Iran.

  • Bitcoin 2017-12-08 20:32

    By: Haniyeh Sadat Jafariyeh

    Bitcoin in Iran awaiting CBI decision

    Bitcoin, the digital currency that has dominated headlines in recent weeks, continued its march higher as it broke for the first time ever above $17,000 on Thursday.

  • INSTC 2017-12-06 20:55

    India to export container cargo to Russia via Iran from Jan.

    TEHRAN- India will start export of container cargo to Russia via Iran from January 2018, S. Kumar, the commissioner of Indian Central Board of Excise and Customs (CBEC), announced.

  • Transit of goods 2017-12-06 20:20

    Transit of goods via Iran rises 21% in 8 months

    TEHRAN- Transit of goods via Iran rose 21 percent during the first eight months of the current Iranian calendar year (March 21-November 21) compared to the same period of time in the past year, according to a transport official.